Results 251 to 260 of about 49,659 (292)
Some of the next articles are maybe not open access.
Twin Deficit Hypothesis: A Study of Nepal
Economic Journal of Nepal, 2020This paper aims to examine the causal relationship between the budget deficit and the current account deficit of Nepal using time series data sets for the period from 1975 to 2019. Based on the Autoregressive Distributed Lag (ARDL) Model, the empirical finding indicates that rising budget deficits put more stress on the current account deficits in the ...
Naw Raj Bhatt, Babu Ram Karki
openaire +1 more source
The Twin Deficits Hypothesis: An Empirical Examination
Open Economies Review, 2019The ‘twin deficits hypothesis’ (TDH) claims that there is a connection between fiscal and current account deficits. In its most extreme form, popularized by the ‘New Cambridge School’ in the 1970s, the argument was that, with equilibrium in the private sector, the size of the public sector deficit was proportional to, and the principal determinant of ...
Graham Bird, Eric Pentecost, Yanyan Yang
openaire +1 more source
Foreign Trade Review, 2016
Higher and persistent level of fiscal deficit and current account deficit is the problem of the day for Indian economy. There exists an argument that higher fiscal deficit is the major factor behind worsening balance of payments position. However, there is no identical perception on the relationship between fiscal deficit and current account deficit ...
openaire +1 more source
Higher and persistent level of fiscal deficit and current account deficit is the problem of the day for Indian economy. There exists an argument that higher fiscal deficit is the major factor behind worsening balance of payments position. However, there is no identical perception on the relationship between fiscal deficit and current account deficit ...
openaire +1 more source
The twin deficit hypothesis in Greece
2020We examine the relationship between the current account deficit and the general government deficit in Greece.Furthermore, we check the validity of the twin deficit hypothesis using annual time series data for the 1970-2019 periods.In this work we accept the twin deficit hypothesis which means that there is a positive relationship between the current ...
openaire +1 more source
The twin deficit hypothesis in Egypt
Journal of Policy Modeling, 2018Abstract We employ a new approach to the twin deficit hypothesis aimed at enhancing policy making in Egypt. In contrast to the conventional twin deficit hypothesis between the current account, which comprises many items out of governments’ scope of maneuvering, and the budget deficit, we track the causal link between Egypt’s merchandise trade deficit
openaire +1 more source
Structural breaks and the twin deficits hypothesis
International Economics and Economic Policy, 2006Recent theoretical and empirical analyses of the relation between the current account and the government budget balance suggest that the “twin deficits” relation is subject to structural changes. Most previous empirical analyses impose the change point without resorting to econometric testing.
openaire +2 more sources
The twin deficits hypothesis: Revisiting an EMU country
Journal of Policy Modeling, 2012Abstract We re-examine the issue of the twin deficits hypothesis since recent theoretical and empirical analysis suggests that this hypothesis is subject to structural shifts, the identification of which is very important for policymakers in order to take the correct decisions to overcome situations of economic turmoil.
Sofia Kalou, Suzanna-Maria Paleologou
openaire +1 more source
Global aspects of the twin deficit hypothesis
Economic Thought journal, 2018The twin deficit hypothesis, which explores the causal link between the budget deficit and the current account deficit, is put to the test for a sample of 188 countries for the period 1980-2014. The obtained results show that there is a complex impact on the current account dynamics, which cannot be explained solely by the dynamics of a single variable,
openaire +1 more source
Twin deficit hypothesis: some recent evidence from India
Global Business and Economics Review, 2016The purpose of this study is to examine the relationship between budget deficit and trade deficit commonly known as 'twin deficits hypotheses' in Indian economy. We used time series data for the period of 1970 to 2013. The empirical results of this study follow the autoregressive distributed lag (ARDL) cointegration technique for long run and short run
openaire +1 more source
The twin deficits hypothesis: Evidence from Ghana
2016Purpose - This paper investigates the twin deficit hypothesis for Ghana in view of the persistent co-movement between the budget deficit (BD) and current account deficit (CAD) over the past three decades. Design/methodology/approach - The paper uses annual data for the period 1980-2014 and ascertains whether there is long-run association between the ...
Senadza, Bernardin +1 more
openaire +1 more source